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Wales outperforming rest of UK in construction

22 Jan 14 The construction industry in Wales is outperforming the UK as a whole, according to the regional government there.

The longer term trend for the Index of Construction for Wales shows an 8.7% increase when comparing the latest four quarters to the previous four quarters. Over the same time UK output fell by 1.3%, according to latest Office of National Statistics data.

The short term quarterly movements in the construction industry also show output increased in Wales by 2.8%.

Welsh Government economy minister Edwina Hart said: “Together with the latest figures showing an increase in the number of construction jobs in Wales, today’s figures show that the construction sector in Wales is outperforming the UK as whole. Also the Index of Production for Wales shows a 3.1% increase when comparing the latest four quarters to the previous four quarters, while UK output fell by 1.6%.”

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